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Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
14.7.2022
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed...
Analysts See Recovery for CEL Tokens Despite Celsius Bankruptcy
14.7.2022
CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the tokens
CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring
14.7.2022
After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement.
At 03:03 UTC, CEL trades at USD 0.538 and...
Bitcoin and Ethereum Fluctuate, CEL Keeps Dropping
6.7.2022
Bitcoin price stayed above the key USD 18,800 support zone and settled above the USD 19,500 level, but it is struggling to settle above the USD 20,500 zone. It is currently (03:49 UTC) trading near USD 19,900 and is down 2% in a day and a week.
Similarly, most major altcoins remain supported....
Bitcoin Returns Above USD 20K, Ethereum Rallies, CEL Keeps Outperforming
5.7.2022
Bitcoin price remained well bid above the USD 18,800 support zone and started a fresh recovery wave above the USD 20,000 resistance zone. It is currently (04:09 UTC) trading near USD 20,300 and is up 6% in a day and down 2% in a week.
Similarly, most major altcoins gained pace and recovered some...
Bitcoin and Ethereum Stuck in Key Range, CEL Outperforms
4.7.2022
Bitcoin price remained well bid above the USD 19,000 support zone and is currently (11:46 UTC) moving higher, but there are many hurdles near USD 20,000. A clear move above USD 20,000 could set the pace for a recovery wave. For now, BTC trades near USD 19,600 and is up almost 3% in a day and still...
Fresh Blow for Celsius with 150 Staff Reportedly Fired, But CEL Up 19%
4.7.2022
Another crypto lender has apparently hit the rocks, with reports claiming that the already troubled Celsius Network (CEL) has axed 150 employees.
Per the Israeli media outlet Calcalist, Celsius has previously “hired restructuring consultants and lawyers to make organizational changes to...
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
25.6.2022
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire...
Bitcoin Nears USD 20K, Ethereum Below USD 1.1K, WAVES Rallies, CEL Dumps
22.6.2022
Bitcoin price was able to recover above the USD 21,200 resistance zone but failed to stay in the positive zone and declined below USD 21,000. It is currently (04:04 UTC) trading above USD 20,300, with a risk of a downside break. BTC is down over 1% in a day and almost 9% in a week. ...
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Celsius token CEL rises 300% in one week amid a GameStop-like 'short squeeze' event
21.6.2022
The crypto lending platform's Insolvency risks puts CEL price at risk of a 70% drop
CEL Token Soars as Celsius Shareholder Proposes Recovery Plan, Celsius Pays Compound
21.6.2022
The troubled crypto lending and borrowing company Celsius’ CEL token jumped today, as a company shareholder proposed a recovery plan, and Celsius made a USD 10m payment to the decentralized finance (DeFi) platform Compound (COMP).
A couple of good news related to Celsius seem to have led to...
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
16.6.2022
According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the firm’s financial hardship. The sources note that Citigroup was hired by Celsius to help...
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
15.6.2022
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400...
Celcius Reportedly Hiring ‘Restructuring Lawyers’ as Bankruptcy Speculation Mounts, CEL Pumps & Dumps
15.6.2022
A torrid week for the users and operators of the crypto lender Celsius Network (CEL) is continuing – with restructuring lawyers reportedly called in to help enact emergency measures. Meanwhile, CEL is on a roller coaster today....
Read More: Celcius Reportedly Hiring ‘Restructuring Lawyers’...
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
15.6.2022
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys...
Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
14.6.2022
CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders
Celsius’s CEL Token Jumps 8-Fold in Intraday Spike
14.6.2022
The CeFi lender’s token reached a high of $2.57 in what appears to be a short squeeze
Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News
13.6.2022
Bitcoin price struggled to start a fresh increase above the USD 30,000 resistance and dived to the USD 25,000 level before somewhat recovering. It is currently (03:57 UTC) trading above USD 25,500 and is down almost 8% in a day and 15% in a week.
Similarly, most major altcoins started a major...
Stylish Cel-Shaded Skating Shooter Rollerdrome Looks To Be Pure Joy On Wheels
3.6.2022
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Crypto Lender Celsius Says Its CEL Token Faces ‘Regulatory Risks’
22.4.2022
Lost keys, stolen coins, failing chains – and now regulation – could impact CEL, a Celsius Network disclosure form said